Good morning folks! I hope you’re well!
Before we move on, just wanted to let you guys know I am now in the EUR/JPY long trade with my investor account as well, not only my personal account since we saw a pullback to the original entry price.
I think I’ll keep this post short so let’s talk about Swiss Yen since it may present an entry, but it won’t be today in all likelihood. While we haven’t really broken this TL there’s an area of potential supply that matches quite well with the daily TL and the daily 50EMA so it’ll be interesting to see what happens.
There’s a rather nice weekly stack as well so I’ll be comfortable executing a short if the opportunity presents itself
Oh and that makes me think, sadly GBP/USD didn’t provide an entry yesterday, within the last minute it retraced and lost too much momentum for me (the size of the wicks were way to big) so I stayed out